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5 ways Biden just tweaked the PPP to help the smallest businesses survive
Biden's changes to the PPP help businesses with less than 20 workers (or none at all) and those wit…
Ayelet Sheffey
The PPP loan program is open: How your small business can get loans, grants, and tax breaks from the new stimulus bill
The Senate passed a PPP extension on March 25, which would give struggling business owners another …
Business Insider
Democrats propose $50 billion in small business aid as part of larger pandemic relief plan
The House Small Business Committee bill included $25 billion for restaurant aid and $7.5 billion in…
Ayelet Sheffey
Fast food franchisees collected more than $1 billion in federal PPP aid earmarked for small businesses, analysis finds
The maximum loan was $10 million, and loans could be forgiven under certain circumstances.
Mary Meisenzahl
The House is finally back — and it has 3 weeks to prevent a government shutdown and protect some Americans from losing paychecks, food benefits, and housing loans
New Speaker of the House Mike Johnson has an ambitious plan: get his own party to agree on funding …
Ayelet Sheffey
Minority-owned firms found it hardest to access credit during the pandemic, a Fed survey says. White-owned firms are more optimistic about 2021 than Black-owned ones.
The majority of Asian-owned firms, Black-owned firms, and Hispanic-owned firms said their financial…
Kate Duffy,Reuters
Businesses at properties owned by the Trump Organization and Kushner Cos. benefited from over 25 PPP loans worth $3.65 million, a new report says
The Kushner Cos. general counsel said the NBC News analysis was "completely untrue and amounted to …
Oma Seddiq
More than half of the money from the Paycheck Protection Program went to just 5% of recipients
The federally funded program was meant to help small businesses keep paying employees, but new data…
Barbara Smith
Restaurant job losses surged to 372,000 over the holidays in largest employment decline since April
During a season typically known for leisure activities, unemployment in the restaurant industry las…
Grace Kay
Congress just approved more funding for struggling small businesses. Here's what's different this time around.
The latest stimulus package includes $325 billion for small businesses, including a fresh round of …
Jennifer Ortakales Dawkins
Friday's May jobs report surprised economists. It could be a sign that the government's program to rescue small businesses is paying off
The May report could be showing a shift in workers receiving unemployment benefits to being rehired…
Carmen Reinicke
Joe Biden could wipe out $50,000 of student debt without Congress. Here are 3 other areas he can help the struggling US economy even with a GOP-controlled Senate.
U.S. President-elect Joe Biden speaks to the media after receiving a briefing from the transition C…
Joseph Zeballos-Roig
PRESENTING: The inside story of the businesses, banks, and bureaucracies grappling with the $670 billion attempt to rescue Main Street
BI Prime's exclusive reporting brings you actionable insights that can help you make informed decis…
Business Insider
House Democrats pass their $2.2 trillion stimulus plan, which includes $600 federal unemployment benefits and direct payments
The coronavirus relief package is likely to be rejected in the GOP-controlled Senate, as many Repub…
Joseph Zeballos-Roig
15 of the most surprising companies that the Small Business Administration listed as paycheck protection loan recipients
Girl Scouts during a Fourth of July parade in San Gabriel, California in 2018.Frederic J. Brown/AFP…
Taylor Borden
Chuck Schumer wants an investigation into how Trump donor Monty Bennett became the largest recipient of PPP funds
Senate Democratic Leader Chuck Schumer asked the SBA to investigate hotelier Monty Bennett. Bennett…
Tom LoBianco
PRESENTING: What solo entrepreneurs can do to ensure they get paid and also qualify for forgiveness when using their PPP loan
Sole proprietors who've received less PPP money than anticipated have two options for padding their…
Business Insider
The Fed's Main Street Lending Program is now open and encouraging banks to start making loans
Lenders can find registration documents on the program site and "are encouraged to begin making Mai…
Carmen Reinicke
Your employer just received a PPP loan — here's what that means for you
Your paycheck could go up or down as a result of your company getting a Paycheck Protection Program…
Julie Peck
Businesses connected to Trump advisor Jared Kushner and his family received millions in paycheck protection loans
The White House advisor and Ivanka Trump's spouse is technically no longer affiliated with the firm…